U.P.S.I.D.C vs Shakti Bhatta Udyog & Ors

The Supreme Court addressed appeals by the U.P. State Industrial Development Corporation challenging the High Court's enhancement of compensation for land acquired under the Land Acquisition Act, 1894. The Court examined the validity of the market value fixed by the Land Acquisition Officer at Rs.2/- per square yard, ultimately upholding the High Court's decision to enhance it to Rs.8/- or Rs.9/- per square yard based on evidence presented. The Court emphasized the importance of considering the market conditions and the nature of the land in determining compensation under Section 4(1) and Section 18 of the Act.